All Stories: Islamic Banks

ISLAMABAD: Finance Minister Ishaq Dar on Monday said almost 21 percent of the banks operating in Pakistan had so far been aligned with Islamic...

ISLAMABAD: Pakistan's Islamic banks are introducing new products and adjusting policies to take advantage of government incentives designed to boost growth in the industry. Sharia-compliant...

JAKARTA: Indonesia's capital market regulator has signed an agreement with the country's national sharia board to strengthen oversight of the Islamic finance industry, supporting a centralised approach being favoured elsewhere around the globe.

DUBAI: Islamic banks are set to boost their market share in the energy-rich Gulf states to nearly 30 percent in the next five years, ratings agency Standard & Poor's said on Monday.